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AUD/USD RBA Statement Tonite

Current situation. AUD/USD is drifting slightly on the offer side awaiting for the RBA quarterly Stamement on Monetary Policy which involves forecasting of growth and inflation levels. As it seems, there will be no significant changes to the outlook since there were just few changes to the monetary policy stance mentioned in the post decision press release a couple of days ago. As usual when those kind of information are published, nobody really knows what will happen at least. However my perso…
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khalidamassi avatar

my dear please accept my advice, do not be overconfident in Forex... processional trader always have different scenarios ... thanks

alcatraz avatar

I am surely not, thanks.

Jignesh avatar
Jignesh 9 May

Good job on catching the inverted H&S and sticking with it!

Likerty avatar
Likerty 9 May

I'm terribly bearish on this one:))

alcatraz avatar

I d go with the mid term. Good luck. :)

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Blog Post: Quality vs Quantity

Few recommendation to have a better blog:
  • For God's sake use paragraphs, this way it's much more easier for the audience to read your arguments. It's not enough to have an idea the way you present that idea is much more important, otherwise you can lose your audience. Trust me on this one it's painful for me eyes, and for everyone else to read something unstructured.
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Elani avatar
Elani 7 May

Also read my post "Are You Legally Using The Photos In Your Blogs?" :)))

Daytrader21 avatar

CommunitySupport That's cool:). Neu_spir8 No problem, it was just an advice.Elani I'll read it, thanks for the tip:)

Stix avatar
Stix 7 May

Trading patterns are easy. Bollinger points are important but moreso, it is overbought and oversold. That's what makes the pair tick on either a small or a large timeframe.I use stochastic to get me there... My nest needs a bit of order and seemingly, I need to practice my discipline this month but you can watch this space for how effective the pattern is. In fact, if the parcel isn't together tomorrow, then my name isn't Stix.Best of luck with your trades.

Omela avatar
Omela 8 May

Хороший блог, полезный))

Lencoeur avatar
Lencoeur 11 May

(Sarcasm on) Yes... trading patterns are easy... trading is the easiest profession in the world.    With a pair of indicators you can make a lot of money in a few minutes.- Insert here a goodlooking and winner guy/girl's photo -(Sarcams off)  :P

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